It’s a smelter’s market, says ECU Silver
Suddenly, smelters in Mexico have the upper hand when making deals with small miners on concentrate shipments, says the president of ECU Silver Mining (ECU-T, ECUXF-o).
Articles by Northern Miner Staff
Miners still waiting on DRC review
Investors and onlookers alike will have to hold their collective breath a little longer as completion of the mining contract review in the Democratic Republic of the Congo has been delayed.
SPOT PRICES (October 13, 2008)
Tuesday, Oct. 6, 2008 Precious Metals Price (US$/oz.) Change Gold $881.75 -15.25 Silver $11.64 -1.32 Platinum $1002.00 -45.00 Palladium $202.00 -1.00 Base Metals Price (US$/lb.) Change…
PRODUCER AND DEALER PRICES (October 13, 2008)
Antimony: Mid-mkt US$6,383.33/t.
Endeavour in silver at San Pedro (October 13, 2008)
Vancouver — Endeavour Silver (EDR-T, EXK-x) continues to hit high silver grades at its San Pedro properties, about 7 km northwest of its Guanacevi mine in Durango state, Mexico.
DAILY METAL PRICES (October 13, 2008)
Date Oct. 6 Oct. 3 Oct. 2 Oct. 1 Sept. 30 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1870/1910 1920.50/1975 1985/2060 2069.50/2120 214…
NORTH AMERICAN STOCK EXCHANGE INDICES (October 13, 2008)
52-week Date Oct. 6 Oct. 3 Oct. 2 Oct. 1 Sept. 30 High Low S&P/TSX-Ven Comp 1134.10 1300.23 1311.96 1406.65 1415.00 3192.55 1110.89 TSX Composite 10230.43 10803.35 10900.54 1…
US Gold cuts shallow gold at Hercules
US Gold (UXG-T, UXG-x) has made a new, near-surface gold discovery in the Magistral district of Sinaloa state, Mexico.
Kimber raises $5M for gold hunt
Now that it’s closed a $5-million private placement, Kimber Resources (KBR-T, KBX-x) will be looking to bolster its gold position in Mexico with the money going into the ground at its Monterde and Set…
Tinpo backs off Western Prospector bid
Tinpo Holdings gave Western Prospector Group (WNP-V, WEPGF-o) shareholders a sudden jolt recently, when it unexpectedly announced it was taking its $74- million offer for the company off the table.
Mexoro upbeat about past producing Cieneguita
If one adheres to the safety-in-numbers school of mining and exploration then Mexoro Minerals’ (MXOM-o) Cieneguita property, in Mexico’s Sierra Madre occidental belt in Chihuahua state, is a pretty sa…
TSX VENTURE SHORT POSITIONS (October 13, 2008)
Short positions outstanding at Sept. 30/08 (with changes from Sept. 15/08). Largest short positions Gold Wheaton Gold GLW 2734100 1252188 Largo Resources LGO 1299500 563000 Westernza…